dave jarzynka senior vice president brooks semiconductor ... · advanced packaging: increasing...

Dave JarzynkaSenior Vice President Brooks Semiconductor Solutions Group

We enable our customers process advantage

1

Agenda

Positioned for continued growth

The business today

2© 2018 Brooks Automation, Inc. • Proprietary Information

Semiconductor Group at a Glance

LTM

Revenue growth 15%

Gross margin %* 42%

Revenue Breakdown

27%

Cryogenics• Cryopumps• Cryochillers• Service

Key Metrics

* Non-GAAP financial measures – see reconciliation tables. Note: LTM results from Mar’18 3

Gross margin %* 42%

Operating income %* 19%

2018 1H Design win business 38 wins

Engineering based business >375 patents

Diversified business with leadership positions

73%

27%

Automation• Robots,

Systems• Contamination

Control• Service

FY2017$544M

© 2018 Brooks Automation, Inc. • Proprietary Information

What We Do – Enabling a Process Advantage

VacuumAutomation ##11Contamination

Control##11

4

##11Cryogenic Pumping and Cooling

Advanced PackagingWafer Transport##11 Trusted Global Service Trusted Global Service

PlatformPlatformTrusted Global Service Trusted Global Service

PlatformPlatform


What We Do – Enabling a Process Advantage

##11##11

• Adopted in Memoryfabs

• Wins in China• LEAP vacuum robot

launched

Since Since 20162016

VacuumAutomation

ContaminationControl

5

##11##11 • Adv. Packaging with chip makers

• Design wins in China

• Wins in China• POD clean for EUV • Expansion into Reticle solutions• Two acquisitions

• Cryogenics into Chuck Cooling

launched• 10 platform wins

Cryogenic Pumping and Cooling

Advanced PackagingWafer Transport


Who We Do it For – Leading Customers in High Growth Segments

DeviceDeviceManufacturersManufacturers

33%33%

• ContaminationControl

• Services

100%

2017

• VacuumAutomation

• Advanced Packaging

6

EquipmentEquipmentManufacturersManufacturers

67%67%

Revenue© 2018 Brooks Automation, Inc. • Proprietary Information

Transformed Portfolio to High Growth Segments

$720-$850M

$544M$485M

• Cryogenic solutions

• Global service

• Legacy automation

• 200mm solutions

~8% CAGR <50%

growing at

~3% CAGR

Stable Leadership

FY15 FY17 FY21

Growth portfolio ~ 50% of revenue 7

• Advanced packaging

• Contamination control

• Vacuum automation

• 200mm solutions

>50%growing at

~16%CAGR

Growth Markets


$379M

$485M $544M

33%36%

40% $89M

Strong Track Record of Top Line Growth and Margin Expansion

Revenue Operating Income and Margin*Gross Margin*

53%CAGR

12% CAGR

+7 pts

$379M

2013 2015 2017 2013 2015 2017

$16M

$54M

4%4% 11%11% 16%16%

2013 2015 2017

* Non-GAAP financial measures – see reconciliation tables. 88

Strong income flow through on top line growth© 2018 Brooks Automation, Inc. • Proprietary Information

Agenda

Positioned for continued growth

The business today

9© 2018 Brooks Automation, Inc. • Proprietary Information

Vacuum Automation Advanced Packaging Contamination Control

Key challenges• Vacuum Transport• Atomic Level Precision

• Complex Wafers• Unique Carriers

• Carrier Purity• Reticle Integrity

FY17 revenue $135M $46M $84M

Well Positioned and Strong Momentum in Three Key Growth Markets

FY17 revenue $135M $46M $84M

CAGR 12% 26% 42%

Market size* $250M $140M $120M

Market growth 10% 12% 16%

Growth Inflections 3D Structures Plasma, Etching and Bonding EUV Lithography

Growth initiatives #1 #2 #3

10© 2018 Brooks Automation, Inc. • Proprietary Information *Gartner and Management Estimates

• 10% market growth

• Large OEMs outsourcing robot automation

• 10 new wins at <10nm for MagnaTran® LEAP™$87M

$107M

$135M

Focus

G R O W T H D R I V E R # 1

Vacuum Automation Increasing Share in a High Growth Market

Revenue Growth

11

• Tier 2 OEMs in Korea and China Systems expanding

• 12% CAGR

$87M

FY13 FY15 FY17

Increased value by solving our customers’ technical challenges © 2018 Brooks Automation, Inc. • Proprietary Information

1995Brooks Korea Established

2012Vacuum System Manufacturing

2013Expand to FOUP Clean

2015-17Expanding Share

2001Semi OEM Shipments

2011Local Design Engineering andAtmospheric and Vacuum Mfg.


Case Study: Brooks Korea Growing by Enabling Local OEMs

Brooks Korea Revenue ($M)

$22

$47

Manufacturing Share Shipments

12

$10

2008 2013 2017

• Automation partner for OEM success

• Expanding service and CCS business

• >50% of Vacuum Automationmarket share

Full capability design, supply and manufacturing

Limited repair andfield support



Advanced Packaging: Increasing Share in a High Growth Market


• 28 Customers, 3 wins with leading chip makers

• 10 applications, including new wins in Plasma Dicing and Bonding $28M

$46M

Focus Revenue Growth

13

• 26% CAGR$18M

$28M

FY13 FY15 FY17



• Expanding value with FOUP Inspection Metrology

• Only qualified tool for EUV pod Clean

• Memory adoption starting


Contamination Control: Increasing Share in a High Growth Market

$44M

$84M

Focus Revenue Growth

• Expanding into Reticle Storage and Inspection

• EUV Reticle storage starting to ramp

• 42% CAGR

*Includes amounts prior to BRKS ownership 14

$21M*

$44M

FY13 FY15 FY17


With Profit

�

G R O W T H I N I T I A T I V E S

Strong Platform Enables a Profitable Growth Ramp Ahead

• New advanced function robot offerings

• 7 Points of GM% improvement over past 5 years

Growth fromNew Opportunities

�

Strong PlatformStrong Platform

15

offerings

• Increased challenges are driving new and more vacuum processes

• New applications in new markets

over past 5 years

• Increasing value position of customer solutions

• Expanding Operating Margin


Expecting Strong Financial Performance Going Forward

Revenue Operating Margin*

$720-$850

16%

20-25%7-12%

CAGR~2X

Profit $

$M

16

$544

FY17 FY21

16%

FY17 FY21

Exceeds Semi market growth by 2 - 4 pts per year* Non-GAAP financial measures – see reconciliation tables. Projections exclude intangibles amortization, restructuring expense, and other special charges.


I N S U M M A R Y

Proven Leadership with Growth Outperforming the Market

Continued Growth • High growth track record and ~9% growth to 2021

Strong Platform • Building on strong platform – growth opportunities have momentum

17

Strong Platform • Building on strong platform – growth opportunities have momentum

Margin Expansion • Profit margin expansion track record continues

Record Wins • Winning more designs now than ever before


dave jarzynka senior vice president brooks semiconductor ... · advanced packaging: increasing...

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